The 2017 Rating List is drawing to an end, and your right to “Check” your Rateable Value will expire on the 31st March 2023. If you haven’t previously taken advice, do so and if it is felt that your Rateable Value was too high, then time is running out to commence the CCA appeal procedure - timeliness is recommended to ensure that you receive an acknowledgement from the Valuation Office before the deadline.
Looking at holiday parks rating in particular, following our discussions with the Valuation Office Agency, agreement has been reached for the 2023 basis, although to date, this is not currently available on line. As a result of the agreement, many parks will have potential for increases mitigated. Some parks Rateable Values will go up either due to good trading or increase in their pitch numbers or re-development, but others may well see their liability reduced.
Our business rates service is suitable for anyone with an interest in nondomestic property, whether they be a trading business, a charity, an investor or a developer. Our experienced and dedicated team of rating experts covers the whole of the country from Savills offices in London, Birmingham, Cambridge, Peterborough, Chester, York, Perth, Belfast and Dublin.
As well as interacting with most commercial teams in Savills, we work particularly closely with Savills Leisure and Trade-related Team, along with our agency and property management services. This provides our rating experts with more transactional and comparable data than many of our competitors and with the continually evolving appeal systems especially in England, (and shortly to follow, Wales) access to this wider source of market evidence is vital to achieving successful appeals.
This seamless service allows us to provide a variety of different service levels which can be tailored to each client’s requirements, with the common objective of reducing both the level of rates liability and the administrative burden.
If you would like us to “Check” if your Rateable Value is correct, then please do not hesitate to contact us.
